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Re: dr_airtime post# 31689

Saturday, 02/21/2015 6:27:33 PM

Saturday, February 21, 2015 6:27:33 PM

Post# of 35705
Here's another view of the TMM buyout of NES.

http://incakolanews.blogspot.ca/2015/02/updating-on-newstrike-nesv-timmins.html

I have been watching TMM for some time, but this IMO foolish venture into the snakepit known as Guerrero is a big mistake and I have dropped them from my watchlist.

TMM was a candidate for my profits from the THO-RIO merger, but no more. RIO is my largest position but I have no interest in venturing in that other snakepit in Guatemala, so I will be selling my RIO shares before the merger complete. I'm still hoping for a competing bid, though that seems increasing unlikely.

I am certainly planning to pick up more DNA, which IMO will likely be bought out this year. MND is another one I am looking at carefully.

TRY is another candidate. This is going to be a very interesting year for them, with Andorhinos in Brazil transitioning from underground to open pit, the Guyana mine beginning production, and Casposo having transitioned to underground with lots of exploration success lately. I will probably buy more with some of the my RIO proceeds.

New presentation here -- http://www.troyres.com.au/investor-centre/presentations.html

LC

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